Total Outstanding Consumer Debt Tops $2 Trillion NYSE:EFX

[ad_1] TORONTO, Nov. 30, 2020 (GLOBE NEWSWIRE) — Continued growth in the housing market and new auto loans led the way in driving total consumer debt up by 3.8 per cent to $2.041 trillion in the third quarter, according to Equifax Canada’s most recent report on consumer credit conditions. Overall average consumer debt rose to … Read moreTotal Outstanding Consumer Debt Tops $2 Trillion NYSE:EFX

L’endettement total des consommateurs dépasse les 2 billions de dollars NYSE:EFX

[ad_1] TORONTO, 30 nov. 2020 (GLOBE NEWSWIRE) — Selon le plus récent rapport d’Equifax Canada sur les conditions du crédit à la consommation, la croissance soutenue du marché de l’habitation et les nouveaux prêts automobiles ont fait grimper la dette des consommateurs de 3,8 % pour atteindre 2 041 billions de dollars au troisième trimestre. La dette moyenne … Read moreL’endettement total des consommateurs dépasse les 2 billions de dollars NYSE:EFX

Bitcoin at $100,000 in 2021?

[ad_1] Bitcoin investors, which include top hedge funds and money managers, are betting the virtual currency could more than quintuple to as high as $100,000 in a year. It’s a wager that has drawn eye-rolls from skeptics who believe the volatile cryptocurrency is a speculative asset rather than a store of value like gold. Since … Read moreBitcoin at $100,000 in 2021?

La pandémie de COVID-19 a entraîné une sensibilisation accrue au bien-être financier NYSE:EFX

[ad_1] TORONTO, 12 nov. 2020 (GLOBE NEWSWIRE) — Selon un récent sondage mené auprès des consommateurs par Equifax Canada, comparativement aux années précédentes, les gens vérifient leur dossier et leur cote de crédit plus fréquemment, et ils prennent davantage au sérieux le vol d’identité. La pandémie de COVID-19 a amené de nombreuses personnes à examiner … Read moreLa pandémie de COVID-19 a entraîné une sensibilisation accrue au bien-être financier NYSE:EFX

COVID-19 has led to an increased awareness of Financial Wellness NYSE:EFX

[ad_1] TORONTO, Nov. 12, 2020 (GLOBE NEWSWIRE) — People are checking their credit reports and scores more frequently and are taking identity theft more seriously as compared to previous years, according to a recent consumer survey conducted by Equifax Canada. COVID-19 has caused many people to take a closer look at their financial situation, which … Read moreCOVID-19 has led to an increased awareness of Financial Wellness NYSE:EFX

Institutional Money is Pumping DeFi Markets Back Up

[ad_1] Institutional money appears to be flowing into the decentralized finance (DeFi) sector, with Yearn Finance (YFI) among the top beneficiaries. According to crypto market data aggregator IntoTheBlock, on-chain transactions of $100,000 or higher have increased by 282% over the past week — including nearly $134 million worth of activity on Nov. 10 alone. According … Read moreInstitutional Money is Pumping DeFi Markets Back Up

Lufthansa could Need more Money Next Year

[ad_1] The German government believes flag carrier airline Lufthansa could need more money next year, Der Spiegel magazine reported, citing an internal government document, though the government dismissed the report as “speculation”. It also cited an unnamed government representative as saying that officials and politicians were “losing patience” with airline chief Carsten Spohr, adding that … Read moreLufthansa could Need more Money Next Year

Asian Stocks Gain, Yuan Soars, Traders Bet on U.S. Stimulus

[ad_1] Asian shares and U.S. stock futures rose on Wednesday as renewed hopes for a new round of U.S. stimulus drew money into equities from government debt. European equities looked set to follow. Euro Stoxx 50 futures were up 0.25%, German DAX futures rose 0.28%, and FTSE futures gained 0.18%. U.S. stock futures rose 0.71%. The White House and … Read moreAsian Stocks Gain, Yuan Soars, Traders Bet on U.S. Stimulus

Wall Street Closes Lower, Ending Three-Day Rally

[ad_1] Wall Street closed lower on Tuesday, snapping a three-day winning streak as investors took money off the table hours before the first U.S. presidential debate. All three major U.S. stock indexes lost ground. In a reversal from Monday, market leaders Apple Inc, Microsoft Corp and Amazon.com weighed heaviest on the S&P 500 and the Nasdaq. … Read moreWall Street Closes Lower, Ending Three-Day Rally

UBS Says you Should Buy Gold Now

[ad_1] Investors should be putting their money in gold now, as it represents a “very good hedge” ahead of risk events such as the U.S. election, UBS Global Wealth Management told CNBC. “We like gold, because we think that gold is likely to actually hit about $2,000 per ounce by the end of the … Read moreUBS Says you Should Buy Gold Now